Tuesday, May 20, 2014

China charged with hacking U.S. companies


If you haven't heard, the United States, for the first time ever, has filed charges against another government. Specifically, China. This was because the U.S. discovered that members of the Chinese military, who were part of an elite unit known as 61398, used what's known as spearphishing, in which phishing emails are sent to a specific company to get information about that specific company, then once inside stole corporate secrets that allowed them to create new, cheaper products that then flooded the American market, from steel tubes to nuclear power plants. This is known as Industrial Espionage.

The result is lost jobs and closed companies, and the U.S. isn't willing to let this go. Of course China denies it, even going so far as to issue a warning, but the evidence is clear. Even so, filing charges against another COUNTRY, as opposed to a foreign company or person, is untested ground.

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